Stable strategies in repeated games with endogenous separation

Key Points

• Endogenous separation leads to stable strategies in repeated games, enhancing understanding of dynamic interactions.
• Equilibrium concepts are redefined through the application of these strategies over multiple iterations of play.
• Analysis of strategic choices demonstrates how players adapt based on previous outcomes and conditions in the game.
• Understanding these dynamics can inform real-world scenarios where repeated interactions occur, highlighting practical implications.

Abstract